TEMPE, Ariz. – Aug. 24, 2026 – LV Collective, a national real estate owner and operator, in partnership with Kayne Anderson Real Estate, announced the opening of Rambler Tempe. The new purpose-built student housing community is located at 1020 E. Apache Blvd. near Arizona State University. The project marks the continued expansion of the company’s Tempe portfolio and advances its hospitality-driven student housing strategy.
Move-ins at Rambler Tempe began July 24. The 14-story, 552,380-square-foot community includes 289 units and 829 beds, with a mix of studio through four-bedroom floor plans
designed to serve students at ASU’s Tempe campus.
“Rambler Tempe marks our second development in Arizona and reflects the measured way we are expanding in high-demand university markets,” said Jonathan Reyes, president of
LV Collective. “The property brings elevated student living near ASU while helping meet demand for purpose-built student housing.”
Rambler Tempe’s academic, wellness and social spaces are integrated throughout the property, reflecting LV Collective’s experience-first approach. Community-driven programming and responsive on-site support are intentionally designed around how students study, recharge, socialize and care for their physical and mental well-being.
“Rambler Tempe reflects our conviction in well-located student housing that is thoughtfully designed around how students live, relax, and learn,” said Ken Carl, Senior Managing Director of Student Housing/Multifamily at Kayne Anderson Real Estate. “Together with LV Collective, we’ve created a differentiated community that combines a strong location near Arizona State University with amenities and programming that support wellness, community, and academic life. We believe that combination will make Rambler Tempe an attractive place for students to call home for years to come.”
Pacific Life provided debt financing for the project. Project partners include Shepley Bulfinch as the architect, Layton as the general contractor and Variant Collaborative for
interior design.
For more information, visit ramblertempe.com.
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About LV Collective
LV Collective is a vertically integrated real estate management, investment, and development platform focused on both multifamily and student housing throughout the country. Headquartered in Austin, TX, LV Collective has developed and acquired over $6 billion in assets across several US markets. For more information, visit lvcollective.com. For renderings, images and additional media assets, visit our gallery.
About Kayne Anderson Real Estate
Kayne Anderson Real Estate is a leading real estate investment firm, managing over $14 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus student housing, multifamily housing, and self-storage. Kayne Anderson Real Estate is part of Kayne Anderson Capital Advisors, L.P., a $32 billion alternative investment management firm with more than 39 years of successful experience in the real estate, renewable and energy infrastructure, energy, credit, and growth capital sectors. For more information, visit https://kaynecapital.com/real-estate/.
About Pacific Life
Pacific Life provides a variety of products and services designed to help individuals and businesses in the retail, institutional, workplace benefits, and reinsurance markets achieve financial security. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative life insurance and annuity solutions, as well as mutual funds, that provide value and financial security for current and future generations. Supporting our policyholders for more than 150 years, Pacific Life is a Fortune 500 company headquartered in Newport Beach, California. For additional company information, including current financial strength ratings, visit www.PacificLife.com.